Where might SPYH fit into an investment portfolio?
SPYH may serve as an alternative or complement to existing income-focused investments. The Fund's income is primarily generated from the sale of S&P 500 (SPX) Index options, a source less correlated to interest rates that also offers preferential tax treatment. Investors may also consider pairing SPYH with an ETF from the NEOS equity high income family, such as SPYI, to potentially build their desired blend of high monthly income while seeking a measure of downside protection.